Snapchat, In Talks With Alibaba, Joins The $10 Billion Valuation Club

By Sarah Perez

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Snapchat’s decision to reportedly rebuff Facebook’s $3 billion acquisition offer doesn’t look as silly today: according to a new report from Bloomberg out this morning, the ephemeral messaging application may now be valued at $10 billion dollars, as it continues talking with investors, including Alibaba, about a new round of financing for its growing business. This is not… Read More

Source: Technology